The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ADOBE SYSTEMS INCORPORATED COM 00724F101   57,864,651 171,945 SH   DFND 1 151,241 0 20,704
ADOBE SYSTEMS INCORPORATED COM 00724F101   68,990,333 205,005 SH   DFND   156,714 0 48,291
AGILENT TECHNOLOGIES INC COM 00846U101   228,985,002 1,530,137 SH   DFND 1 1,344,392 0 185,745
AGILENT TECHNOLOGIES INC COM 00846U101   274,153,413 1,831,964 SH   DFND   1,399,761 0 432,203
ALPHABET INC CAP STK CL A 02079K305   232,470,786 2,634,827 SH   DFND 1 2,315,611 0 319,216
ALPHABET INC CAP STK CL A 02079K305   277,143,576 3,141,149 SH   DFND   2,402,650 0 738,499
ALPHABET INC CAP STK CL C 02079K107   94,856,807 1,069,050 SH   DFND 1 939,107 0 129,943
ALPHABET INC CAP STK CL C 02079K107   113,304,483 1,276,958 SH   DFND   976,495 0 300,463
AMERICAN TOWER CORP NEW COM 03027X100   172,995,130 816,554 SH   DFND 1 717,442 0 99,112
AMERICAN TOWER CORP NEW COM 03027X100   206,783,623 976,039 SH   DFND   746,005 0 230,034
ANALOG DEVICES INC COM 032654105   282,213,123 1,720,497 SH   DFND   1,314,891 0 405,606
ANALOG DEVICES INC COM 032654105   236,014,237 1,438,848 SH   DFND 1 1,264,786 0 174,062
AON PLC SHS CL A G0403H108   164,262,420 547,286 SH   DFND 1 480,962 0 66,324
AON PLC SHS CL A G0403H108   196,081,462 653,300 SH   DFND   499,548 0 153,752
APPLIED MATLS INC COM 038222105   151,715,800 1,557,977 SH   DFND 1 1,369,384 0 188,593
APPLIED MATLS INC COM 038222105   181,057,952 1,859,293 SH   DFND   1,421,053 0 438,240
ARMSTRONG WORLD INDS INC NEW COM 04247X102   59,935,863 873,828 SH   DFND 1 767,079 0 106,749
ARMSTRONG WORLD INDS INC NEW COM 04247X102   71,599,729 1,043,880 SH   DFND   797,985 0 245,895
AUTODESK INC COM 052769106   102,858,667 550,429 SH   DFND 1 483,468 0 66,961
AUTODESK INC COM 052769106   123,094,446 658,717 SH   DFND   503,344 0 155,373
BECTON DICKINSON & CO COM 075887109   123,356,607 485,083 SH   DFND 1 426,189 0 58,894
BECTON DICKINSON & CO COM 075887109   147,813,655 581,257 SH   DFND   444,213 0 137,044
BLACKROCK INC COM 09247X101   158,267,550 223,343 SH   DFND   196,069 0 27,274
BLACKROCK INC COM 09247X101   151,862,952 214,305 SH   DFND 1 188,313 0 25,992
BROADCOM INC COM 11135F101   304,267,363 544,180 SH   DFND   415,596 0 128,584
BROADCOM INC COM 11135F101   255,333,983 456,663 SH   DFND 1 401,295 0 55,368
BRUNSWICK CORP COM 117043109   138,348,190 1,919,370 SH   DFND 1 1,686,500 0 232,870
BRUNSWICK CORP COM 117043109   165,321,751 2,293,587 SH   DFND   1,751,498 0 542,089
CBRE GROUP INC CL A 12504L109   185,222,633 2,406,739 SH   DFND   1,839,108 0 567,631
CBRE GROUP INC CL A 12504L109   155,487,829 2,020,372 SH   DFND 1 1,775,643 0 244,729
CDW CORP COM 12514G108   48,824,665 273,405 SH   DFND   208,804 0 64,601
CDW CORP COM 12514G108   41,169,476 230,538 SH   DFND 1 202,801 0 27,737
CME GROUP INC COM 12572Q105   121,718,748 723,827 SH   DFND 1 636,045 0 87,782
CME GROUP INC COM 12572Q105   145,192,203 863,417 SH   DFND   659,729 0 203,688
CREDIT ACCEP CORP MICH COM 225310101   53,178,342 112,096 SH   DFND 1 98,445 0 13,651
CREDIT ACCEP CORP MICH COM 225310101   63,788,298 134,461 SH   DFND   102,570 0 31,891
ECOLAB INC COM 278865100   115,328,352 792,308 SH   DFND 1 696,081 0 96,227
ECOLAB INC COM 278865100   138,198,740 949,428 SH   DFND   725,882 0 223,546
ENDEAVOR GROUP HLDGS INC CL A COM 29260Y109   42,558,743 1,888,143 SH   DFND 1 1,659,927 0 228,216
ENDEAVOR GROUP HLDGS INC CL A COM 29260Y109   46,842,380 2,078,189 SH   DFND   1,696,968 0 381,221
ENTEGRIS INC COM 29362U104   105,328,226 1,605,858 SH   DFND   1,226,998 0 378,860
ENTEGRIS INC COM 29362U104   88,569,850 1,350,356 SH   DFND 1 1,186,258 0 164,098
EQUIFAX INC COM 294429105   175,583,269 903,392 SH   DFND 1 794,032 0 109,360
EQUIFAX INC COM 294429105   209,253,029 1,076,626 SH   DFND   822,636 0 253,990
FASTENAL CO COM 311900104   137,120,868 2,897,736 SH   DFND   2,214,506 0 683,230
FASTENAL CO COM 311900104   114,773,666 2,425,479 SH   DFND 1 2,131,785 0 293,694
FIDELITY NATL INFORMATION SV COM 31620M106   127,209,590 1,874,865 SH   DFND 1 1,647,424 0 227,441
FIDELITY NATL INFORMATION SV COM 31620M106   152,040,180 2,240,828 SH   DFND   1,712,287 0 528,541
HAYWARD HLDGS INC COM 421298100   22,656,632 2,410,280 SH   DFND 1 2,118,341 0 291,939
HAYWARD HLDGS INC COM 421298100   26,650,203 2,835,128 SH   DFND   2,153,707 0 681,421
INTERACTIVE BROKERS GROUP IN COM CL A 45841N107   126,753,076 1,751,943 SH   DFND   1,339,321 0 412,622
INTERACTIVE BROKERS GROUP IN COM CL A 45841N107   106,229,407 1,468,271 SH   DFND 1 1,290,798 0 177,473
INTERCONTINENTAL EXCHANGE IN COM 45866F104   213,837,775 2,084,392 SH   DFND   1,591,898 0 492,494
INTERCONTINENTAL EXCHANGE IN COM 45866F104   179,270,075 1,747,442 SH   DFND 1 1,535,288 0 212,154
IQVIA HLDGS INC COM 46266C105   170,513,351 832,219 SH   DFND   635,983 0 196,236
IQVIA HLDGS INC COM 46266C105   142,628,846 696,124 SH   DFND 1 611,764 0 84,360
MICROSOFT CORP COM 594918104   154,595,406 644,631 SH   DFND   492,702 0 151,929
MICROSOFT CORP COM 594918104   129,547,886 540,188 SH   DFND 1 474,497 0 65,691
MOODYS CORP COM 615369105   65,071,701 233,550 SH   DFND 1 205,270 0 28,280
MOODYS CORP COM 615369105   77,724,392 278,962 SH   DFND   213,251 0 65,711
S&P GLOBAL INC COM 78409V104   317,207,941 947,059 SH   DFND 1 832,339 0 114,720
S&P GLOBAL INC COM 78409V104   378,412,867 1,129,793 SH   DFND   863,578 0 266,215
SS&C TECHNOLOGIES HLDGS INC COM 78467J100   121,692,905 2,337,551 SH   DFND   1,785,977 0 551,574
SS&C TECHNOLOGIES HLDGS INC COM 78467J100   102,206,326 1,963,241 SH   DFND 1 1,725,529 0 237,712
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS 874039100   131,641,708 1,767,240 SH   DFND   1,349,102 0 418,138
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS 874039100   110,469,713 1,483,014 SH   DFND 1 1,303,246 0 179,768
THERMO FISHER SCIENTIFIC INC COM 883556102   250,342,573 454,598 SH   DFND   347,419 0 107,179
THERMO FISHER SCIENTIFIC INC COM 883556102   209,455,492 380,351 SH   DFND 1 334,235 0 46,116
TRINET GROUP INC COM 896288107   128,385,402 1,893,590 SH   DFND   1,447,299 0 446,291
TRINET GROUP INC COM 896288107   107,335,061 1,583,113 SH   DFND 1 1,390,887 0 192,226
VERISIGN INC COM 92343E102   161,022,434 783,793 SH   DFND 1 689,006 0 94,787
VERISIGN INC COM 92343E102   192,744,630 938,204 SH   DFND   717,461 0 220,743
VISA INC COM CL A 92826C839   212,390,763 1,022,289 SH   DFND 1 898,484 0 123,805
VISA INC COM CL A 92826C839   253,775,516 1,221,484 SH   DFND   933,130 0 288,354
WILLIS TOWERS WATSON PLC LTD SHS G96629103   200,379,013 819,278 SH   DFND 1 719,824 0 99,454
WILLIS TOWERS WATSON PLC LTD SHS G96629103   239,844,687 980,639 SH   DFND   749,084 0 231,555
ZOETIS INC CL A 98978V103   121,331,090 827,916 SH   DFND 1 727,432 0 100,484
ZOETIS INC CL A 98978V103   144,959,200 989,145 SH   DFND   755,479 0 233,666